FXJ.AX - Fairfax Media Limited

ASX - ASX Delayed price. Currency in AUD
0.6600
0.0000 (0.00%)
At close: 4:10PM AEDT
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Previous close0.0000
Open0.6400
Bid0.00 x 0
Ask0.00 x 0
Day's range0.6400 - 0.6650
52-week range0.5850 - 0.8970
Volume47,642,339
Avg. volume13,252,507
Market cap1.518B
Beta (3Y monthly)2.14
PE ratio (TTM)N/A
EPS (TTM)-0.03
Earnings date18 Feb. 2019 - 22 Feb. 2019
Forward dividend & yield0.03 (4.39%)
Ex-dividend date2018-08-21
1y target est0.82
  • Can Australia's New Biggest Media Firm Fight Facebook, Google?
    Bloomberg13 days ago

    Can Australia's New Biggest Media Firm Fight Facebook, Google?

    The takeover of Fairfax, named after an English immigrant who bought the Sydney Morning Herald in 1841, creates Australia’s largest multimedia company with assets spanning television, radio, print and subscription streaming. The deal opens a new chapter for Australia’s first television station Nine, which was formerly owned by the billionaire Packer family and relisted in 2013 after a disastrous leveraged buyout and debt-for-equity swap. Fairfax’s big three mastheads, the Australian Financial Review, the Sydney Morning Herald and The Age have brought down corrupt politicians and union leaders, laid bare misconduct in the financial industry and exposed some of the worst cases of corporate excess.

  • Business Insider15 days ago

    The Federal Court approves Nine Entertainment Co takeover of Fairfax Media

    The Federal Court has approved Nine Entertainment Co's takeover of Fairfax Media, despite opposition from former Domain boss Antony Catalano and Aurora Funds Management. At a hearing on Tuesday morning, shareholders were given an opportunity to oppose the scheme of arrangement to join the two media companies, which saw Mr Catalano and Aurora submit separate notices of appearance. One of the points of frustration for Mr Catalano was a decision by Fairfax not to delay a shareholder vote about the scheme on Monday last week.

  • ALL ORDINARIES finishes lower Monday: 8 shares you missed
    Motley Fool22 days ago

    ALL ORDINARIES finishes lower Monday: 8 shares you missed

    The S&P/ASX 200 (Index:^AXJO)(ASX:XJO) and ALL ORDINARIES (Index:^AXAO) (ASX:XAO) finished lower on Monday.

  • Fairfax shareholders endorse Nine merger
    Australian Associated Press22 days ago

    Fairfax shareholders endorse Nine merger

    Fairfax shareholders have voted in favour of the proposed merger with Nine Entertainment, after a late bid to save the Fairfax Media name failed.

  • ASX 200 lunch time report
    Motley Fool23 days ago

    ASX 200 lunch time report

    Commonwealth Bank of Australia (ASX:CBA), Medibank Private Ltd (ASX:MPL), and Viva Energy Group Ltd (ASX:VEA) shares are in the news today. Here's why...

  • Business Insider23 days ago

    Fairfax shareholders approve Nine merger

    Fairfax Media shareholders have overwhelmingly voted in favour of a merger with Nine Entertainment, approving a deal to create Australia's largest media company. As Nine chief executive Hugh Marks, who will lead the new company, sat at the back of the scheme meeting on Monday, Fairfax investors voted 81.49 per cent of shares cast in favour of the merger, while 18.5 per cent were voted against. "The merger brings together two largely complementary businesses to create a diversified portfolio of media assets, comprising Fairfax's mastheads, Nine's FTA TV network, high-growth digital businesses including Domain, Stan and 9Now, as well as radio interests through Macquarie Media," Fairfax chairman Nick Falloon told the scheme meeting.

  • ACCC gives Fairfax-Nine merger green light
    Australian Associated Presslast month

    ACCC gives Fairfax-Nine merger green light

    The ACCC has allowed the proposed merger between Nine Entertainment and Fairfax Media after concluding the deal would not substantially lessen competition.

  • Business Insiderlast month

    The Nine-Fairfax merger has been given the all-clear by the competition watchdog

    The planned merger of TV and print media businesses Nine Entertainment and Fairfax Media has the backing of the Australian Competition and Consumer Commission (ACCC). Chair Rod Sims said the merger raised numerous "extremely complex issues, and will likely reduce competition" but in the end his organisation concluded that it wasn't substantial enough to breach the Competition and Consumer Act. Nine’s television operations and Fairfax’s main media assets generally do not compete closely with each other, the ACCC said, with Nine’s news and current affairs programs targeting "a mass market audience" while Fairfax’s "more in-depth coverage" was focused on a subscription audience.

  • Sydney’s auction clearance rate plunges to below 40%
    Motley Fool2 months ago

    Sydney’s auction clearance rate plunges to below 40%

    The Sydney auction clearance rate is likely to fall below 40%.

  • Fairfax, Nine shares slump ahead of merger
    Australian Associated Press2 months ago

    Fairfax, Nine shares slump ahead of merger

    Shares in Fairfax Media and Nine Entertainment have slumped ahead of their planned merger after Fairfax flagged a fall in revenue

  • Fairfax to keep independence, says Marks
    Australian Associated Press3 months ago

    Fairfax to keep independence, says Marks

    Nine boss Hugh Marks says Fairfax's newspapers need to retain their independence under the control of the broadcaster.

  • How Turnbull's Legal Gambit May Tilt Showdown His Way
    Bloomberg4 months ago

    How Turnbull's Legal Gambit May Tilt Showdown His Way

    When Malcolm Turnbull stepped into the Canberra winter chill and on to the podium in the prime minister’s courtyard at 1 p.m. on Thursday, most pundits thought he was about to quit. Turnbull also spoke about another document, one he hopes may save his career -- a letter referred to the nation’s top legal officer asking whether Dutton may actually be ineligible to remain in parliament. On Tuesday, hours after Dutton’s first attempt to win the leadership narrowly failed, an article was published by Fairfax Media alleging he could be disqualified from parliament over his business interests.

  • Should You Be Concerned About Fairfax Media Limited’s (ASX:FXJ) Investors?
    Simply Wall St.4 months ago

    Should You Be Concerned About Fairfax Media Limited’s (ASX:FXJ) Investors?

    In this article, I’m going to take a look at Fairfax Media Limited’s (ASX:FXJ) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject amongRead More...

  • Fairfax swings to $63.8m annual loss
    Australian Associated Press4 months ago

    Fairfax swings to $63.8m annual loss

    Fairfax Media has booked a full-year net loss of $63.8 million, hit by impairment charges and restructuring & redundancy costs.

  • Nine-Fairfax merger builds new media giant
    Australian Associated Press5 months ago

    Nine-Fairfax merger builds new media giant

    The merger of Nine and Fairfax will deliver a unique media business that reaches more than half of Australia each day, Nine says.

  • Australia's Fairfax Media, Nine Entertainment to merge
    Associated Press5 months ago

    Australia's Fairfax Media, Nine Entertainment to merge

    SYDNEY (AP) — Australian media companies Nine Entertainment and Fairfax Media have announced plans to merge, with the new media giant to be known only as Nine.